As reported by Green Tech Media, Congress passed a major spending bill at the end of 2020 that includes $35 billion in energy research and development programs, a two-year extension of the Investment Tax Credit for solar power, a one-year extension of the Production Tax Credit for wind power projects, and an extension through 2025 for offshore wind tax credits — a significant last-minute boost for clean energy industries.
Congress Passes Spending Bill With Solar, Wind Tax Credit Extensions and Energy R&D Package
